fraud

Fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law, a criminal law, or it may cause no loss of money, property or legal right but still be an element of another civil or criminal wrong.

RSA Report: Digital Security As A Competitive Advantage

RSA Report: Digital Security As A Competitive Advantage
RSA Report: Digital Security As A Competitive Advantage
June 01, 2017  |  Cybersecurity

An annual report by RSA shows how consumers perceive the security of their digital experience, where those perceptions are well (or poorly) founded and how...

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Refunds Coming To Customers Who Bought Coffee Supplements At Retail Locations
Refunds Coming To Customers Who Bought Coffee Supplements At Retail Locations
May 31, 2017  |  Retail

The Federal Trade Commission (FTC) announced in a press release that it is mailing additional refund checks totaling $1.9 million to people who bought Pure...

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NEW REPORT: Online Fraud Falls 34.7 Percent
NEW REPORT: Online Fraud Falls 34.7 Percent
May 31, 2017  |  Cybersecurity

The good news? Fraudsters have at long last lost some ground. The bad news? They’re far from down for the count. Get the Full Story...

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What Is A Payment Factory — And Who Needs One?
What Is A Payment Factory — And Who Needs One?
May 29, 2017  |  Payments Innovation

What’s a payment factory? Even Google can’t give you a straight answer— but, Bob Stark, vice president of strategy at Kyriba, will shed some light...

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Chinese Scammers Snared, Confess To Stealing $138 Million USD
Chinese Scammers Snared, Confess To Stealing $138 Million USD
May 26, 2017  |  Cybersecurity

In an ongoing digital fraud scheme, Chinese scammers have racked up over 950 million yuan ($138 million USD) from more than 93,000 victims by preying...

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Madoff Fund Has Paid Zero To Victims
Madoff Fund Has Paid Zero To Victims
May 24, 2017  |  Cybersecurity

The firm responsible for paying out $4 billion to victims of Bernard Madoff’s Ponzi scheme has been spending millions on related billings, including the retention...

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Target Sets New Record: Data Breach Settlement
Target Sets New Record: Data Breach Settlement
May 24, 2017  |  Cybersecurity

Target Corp. will pay $18.5 million to settle claims related to the massive data breach that compromised 40 million customers’ credit and debit cards in...

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Stopping Faster Payments Fraud, Faster
Stopping Faster Payments Fraud, Faster
May 23, 2017  |  News

When the U.K. implemented Faster Payments, fraud tripled as fraudsters exploited the vulnerabilities of a new system that moved money in an instant. In the...

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